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Suko

Devi

Solopreneur

supaul, Bihar

273 livelihood days

Borrower Image 1

Suko

Devi

#breadwinner#hardworking
Suko devi needs financial help for expanding her fish rearing business.

Solopreneur

Bihar

273 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Suko

Suko Devi doesn't shy away from toil, she does everything she can to make the most of this world. She lives with her family of four members in the district of Supaul in Bihar; this has required a significant investment from her. She has been into fish farming for the past five years and this is her major income source. She wishes to expand her business by investing in high-quality fish, feed, medicines, and other materials required for growing fish. She finds more potential in her business if she could invest well initially. This loan will enable her to take her business to more heights and make better profits. Invest in this young farmer!

About Suko Devi's livelihood

Suko is a solopreneur who works 6 hours a day for 7 days a week. With this loan Suko will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Suko Devi has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Fisheries

Investee Credit Rating:
Excellent

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Jaljeevika Infotech Pvt Ltd
   view website
Partner logo

Established in

2020

With Rang De from

2022

Founded by

Neelkanth Mishra

Jaljeevika is addressing the issue of small-scale fish farmers, building community resilience and capacity to enhance livelihood opportunities using existing water bodies, technology and leveraging institutions. They work through an ecosystem development model to build skill, develop institutional capacity and empower smallholders to interact with the market using the technology platform. They are facilitating the process in collaboration with various stakeholders to establish a knowledge forum to establish Blue Economy. For detail , visit their website www.jaljeevika.org

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS